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our annual deficit under a trillion so if you want to cut -- that's 147,000 cuts and we can't do it at once. that discourages me and part of the problem in washington, we can't cut pennies, much less the billions that have to be cut. >> you have a new book. >> called government bullies and we look at different ways people are being imprisoned in america for regulatory crime. we're not talking about murder, rape, stealing. we're talking about people who put dirt on their own property. these are wetland violations. some of these came out of the first george bush, unfortunately, and we think that you shouldn't be putting people in jail for regulatory crime. in the old days, when you put people in jail there was a difference between criminal law and tort law in criminal law you were supposed to have what was called mens rea or intent. you intended to kill somebody. if you accidentally hit someone on your bicycle, that wasn't murder. there's a man in jail from southern mississippi for ten years, without parole, for putting clean fill dirt on a low area of his land. sometimes it's removing d
our annual deficit under a trillion so if you want to cut -- that's 147,000 cuts and we can't do it at once. that discourages me and part of the problem in washington, we can't cut pennies, much less the billions that have to be cut. >> you have a new book. >> called government bullies and we look at different ways people are being imprisoned in america for regulatory crime. we're not talking about murder, rape, stealing. we're talking about people who put dirt on their own...
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he was able to get a $3 billion deficit, convert it into a $2 billion surplus. all of that with working with democrats. so i think you look at scrutinize his successful record as governor and compare it to president obama's failed policies. where his, the economy is still stagnant. where we're not seeing enough jobs being created. and really, i would go with governor romney. >> let's move on here to the message on the stump. we don't have a lot of time today. governor romney made no mention of his much-touted 20% tax cut at his campaign rally in yoi head. t let's talk about it on the other side. >> you paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? you think it is fair? >> yeah i think it's the right way to encourage economic growth. >> it's a simple ad, is the ad encouraging the campaign to take the issue off the table. >> a simple ad that they seem to have cut out certain parts of the interview. as you know the ad is misleading. what we do know is that governor romney's e
he was able to get a $3 billion deficit, convert it into a $2 billion surplus. all of that with working with democrats. so i think you look at scrutinize his successful record as governor and compare it to president obama's failed policies. where his, the economy is still stagnant. where we're not seeing enough jobs being created. and really, i would go with governor romney. >> let's move on here to the message on the stump. we don't have a lot of time today. governor romney made no...
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it does not pay for 10% of the deficit spending increases. lower tax rates across the board and close loopholes. we have three bottom lines. do not raise the deficit, do not raise taxes on the middle class, do not lower the share that is borne by the high income earners. it has been discredited by six other studies and even their own deputy campaign manager acknowledged that it was not correct. >> let's talk about this. you have refused to offer specifics on how you would pay for that 20% across the board. do you actually have the specifics or are you still working on it? >> different than this administration, we want to have a big bipartisan agreement. >> do you have the specifics? >> look at what ronald reagan and tip o'neill did. we raise about $1.20 trillion through income taxes. we forgo about $1.10 trillion in loopholes and deductions. deny those loopholes and deductions to higher income tax payers. so we can lower tax rates across the board. >> i hope i am going to get time to respond. >> we want to work with congress on how best to ac
it does not pay for 10% of the deficit spending increases. lower tax rates across the board and close loopholes. we have three bottom lines. do not raise the deficit, do not raise taxes on the middle class, do not lower the share that is borne by the high income earners. it has been discredited by six other studies and even their own deputy campaign manager acknowledged that it was not correct. >> let's talk about this. you have refused to offer specifics on how you would pay for that 20%...
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you made them. >> no, we did not. >> it was not a spending caused deficit. it was a war caused and tax cut caused deficit. >> not such a high def sit as we have now. they were not cuts in marginal tack rates. they were giving back money to people in terms of programs -- >> not stimulative. >> look, everyone knew that we were in a recession, everyone knew it was terrible. part of why barack obama got elected. it didn't how much money they were getting back. people were still scared. people were not going to spend their money. you can't blame that on a president and say look he was the boogeyman. people will hold on to their money tight. >> absolutely. we see in our new -- the new numbers out of the consumer confidence is that consumer confidence is you. we may be in a place where we're starting to move out of it. we've gotten the consumer confidence index moving up. there's a big truth fight going on all week. what really happened in libya? i want to talk a bit about that next. [ female announcer ] most whitening strips promise full whitening results in two w
you made them. >> no, we did not. >> it was not a spending caused deficit. it was a war caused and tax cut caused deficit. >> not such a high def sit as we have now. they were not cuts in marginal tack rates. they were giving back money to people in terms of programs -- >> not stimulative. >> look, everyone knew that we were in a recession, everyone knew it was terrible. part of why barack obama got elected. it didn't how much money they were getting back. people...
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obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. . >>> we are checking out three movies in this week's buzz binn. kevin mccarthy is excited about all three. one is a horror flick that has left him shaken. and as he tells us, another is an historical event, another that became declassified. >>> joining us to talk about all things movies, kevin mccarthy. >> it's a great movie week, every movie is interesting. >> let's start off talking about ben affleck and his movie, "argo." >> what a story. this story took place in 1980. it wasn't declassified until bill clinton in 1997. the fact they had to keep this secret for 27 years, obviously this takes place based on a true story at the height of the iranian revolution.
obama's four deficits are the four largest in us history. he's adding almost as much debt as all 43 previous presidents -- combined. and over 30 cents of every dollar obama spends is borrowed. much of it from countries like china. he's not just wasting money, he's borrowing it and then wasting it. we can't afford four more years. [ romney ] i'm mitt romney and i approve this message. . >>> we are checking out three movies in this week's buzz binn. kevin mccarthy is excited about all...
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he said that by the end of his first term, he could cut the deficit in half, and yet he still -- >> everybody is loving it here. weekend update also made fun of vice president bideen's energy levels at the debate. seth meyers said that paul ryan prepared by studying policy, and vice president biden drank a lot of red bull. >> i this that was all natural. >> that will wrap it up for today, we'll be back in 25 minutes with another local news update.
he said that by the end of his first term, he could cut the deficit in half, and yet he still -- >> everybody is loving it here. weekend update also made fun of vice president bideen's energy levels at the debate. seth meyers said that paul ryan prepared by studying policy, and vice president biden drank a lot of red bull. >> i this that was all natural. >> that will wrap it up for today, we'll be back in 25 minutes with another local news update.
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. >> he says by the end of his first term he would cut the deficit in half. (laughter) >> and yet, he still has not put a single credible plan on the table how to deal with the debt crisis. >> martha with all due respect this is a bunch of mularkey. >> i don't know what i like more, the fact he's got a widow's peak or going off the deep end. >> alisyn: and thank you senator, here we go. >> that was right for parody and pretty solid job from sudeikis. >> alisyn: he does romney and biden. >> clayton: and he had the voice of ryan down. >> dave: finally presidential comedy, we love it. >> clayton: first, the second presidential debate will have a different rook and style of the first round and the reports that the president will take the gloves off. and what can we expect to see the candidates face off tuesday at hofstra university. >> dave: and peter doocy is live in d.c. this morning with the details, good morning. >> reporter: good morning, david. the debate will have a moderator and the questions by the people, and no idea what they want to ask about, only th
. >> he says by the end of his first term he would cut the deficit in half. (laughter) >> and yet, he still has not put a single credible plan on the table how to deal with the debt crisis. >> martha with all due respect this is a bunch of mularkey. >> i don't know what i like more, the fact he's got a widow's peak or going off the deep end. >> alisyn: and thank you senator, here we go. >> that was right for parody and pretty solid job from sudeikis. >>...
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he promised to cut the deficit in half four years. we have had four budgets, four trillion-dollar deficits. a debt crisis is coming. we can't keep spending and borrowing money we don't have. leaders run to problems to fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. i have passed two budgets to deal with it. mitt romney has put five years on the table. we have to tack thel debt crisis before it tackles us. the president likes to say he has a plan. he gave a speech. we asked the budget office, can we see the plan? he gave us a copy of the speech. we asked the cbo, tell us about the budget. they said, it's a speech. we can't estimate speeches. you see? that's what we get in the administration, speeches. we are not getting leadership. mitt romney is uniquely qualified to fix these problems. his lifetime of experience, his proven track record of bipartisanship. and what do we have from the president? he broke the big promise to bring people together to solve the
he promised to cut the deficit in half four years. we have had four budgets, four trillion-dollar deficits. a debt crisis is coming. we can't keep spending and borrowing money we don't have. leaders run to problems to fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. i have passed two budgets to deal with it. mitt romney has put five years on the table. we have to tack thel debt crisis before it tackles us. the...
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and now we have half-a-trillion-dollar deficit annually. when george bush came into office, our debt, national debt was around $5 trillion. it's now over $10 trillion. we've almost doubled it. and so while it's true that nobody's completely innocent here, we have had over the last eight years the biggest increases in deficit spending and national debt in our history. and senator mccain voted for four out of five of those george bush budgets. so here's what i would do. i'm going to spend some money on the key issues that we've got to work on. you know, you may have seen your health care premiums go up. we've got to reform health care to help you and your budget. we are going to have to deal with energy because we can't keep on borrowing from the chinese and sending money to saudi arabia. we are mortgaging our children's future. we've got to have a different energy plan. we've got to invest in college affordability. so we're going to have to make some investments, but we've also got to make spending cuts. and what i've proposed, you'll hear s
and now we have half-a-trillion-dollar deficit annually. when george bush came into office, our debt, national debt was around $5 trillion. it's now over $10 trillion. we've almost doubled it. and so while it's true that nobody's completely innocent here, we have had over the last eight years the biggest increases in deficit spending and national debt in our history. and senator mccain voted for four out of five of those george bush budgets. so here's what i would do. i'm going to spend some...
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there is a constant deficit of what is known as the democratic deficit which is not the deficit we have we have economic deficits but we have these democratic deficit we felt that we can't behave as a union and we found to be caving messy union we can't solve the problems we have for example these debt problem these very large problem could be solved i wouldn't say easily but at least. one thing we could do could be for example to divide the countries that are cutting their budgets and countries that should increase their consumption for example germany well they don't want to do that because they feeling pleasure they're not even a part of a union they are behaving as a single separate country this is the problem we have got to and of course looking to the future generation new data from greece now shows that more than fifty four percent of young people are out of a job spain is not far behind are these countries losing a lost generation or you know what they just pick up sticks and go elsewhere. well of course and in fact many people eager spain are learning german it's become the saf
there is a constant deficit of what is known as the democratic deficit which is not the deficit we have we have economic deficits but we have these democratic deficit we felt that we can't behave as a union and we found to be caving messy union we can't solve the problems we have for example these debt problem these very large problem could be solved i wouldn't say easily but at least. one thing we could do could be for example to divide the countries that are cutting their budgets and...
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i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working? >> no! >> he said pass my health care bill. he jammed it through congress without a single republican vote. he said we need to do this 'cause we can reduce the cost of premiums by $2,500. guess what? we found just found out from the people who look at this, congressional budget office, it's $2,500 increase in our premiums thanks to obamacare. do you think it's working? >> no. >> no, it's not working. but the good news is for ohio and for our country, we have a leader who has the experience. he's got the record. he has the character and he has the policies to turn thi
i'm going to cut the deficit in half. you remember that? guess what? the deficit we just found out is another trillion dollars this year. we've a 50% increase in our debt. do you think it's working? when he pushed through that stimulus package in the united states congress, he said, if you only put a trillion dollars of hard earned taxpayer money into the government, we'll create so many jobs that we'll have the unemployment rate 50% lower today than it actually is. you think it's working?...
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bush left office eight years later we had a $1 trillion deficit. republicans doubled the national debt from 5 trillion to 10, 11 trillion. barack obama has taken the 11 trillion to 16, 17 trillion. under his own proposals and his own projections, that national debt will go over 20 trillion by the time he leaves office. both parties have been reckless and irresponsible. >> so is there any way to reduce it here in the u.s. without extreme austerity measures? >> well, we're going to see what happens when we reach the fiscal cliff. i think there is a way. >> are we going over that cliff? >> i don't think so. >> do you think they're going to come together before january 2nd? >> only because you're going to have enough ceos and people who contribute to democrats and republicans alike that go, kids, kids, come here. come here. let's gather around. we're going to stop supporting you if you don't stop acting so reckless. they've got no choice. the markets are going to kill us. you know, right now we've got again 16, $17 trillion national debt. this past yea
bush left office eight years later we had a $1 trillion deficit. republicans doubled the national debt from 5 trillion to 10, 11 trillion. barack obama has taken the 11 trillion to 16, 17 trillion. under his own proposals and his own projections, that national debt will go over 20 trillion by the time he leaves office. both parties have been reckless and irresponsible. >> so is there any way to reduce it here in the u.s. without extreme austerity measures? >> well, we're going to...
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we have a big deficit. when senator brown and other republicans take the grover norquist pledge, and they say they will not raise money for millionaires and billionaires, they will not close the oil subsidies, what they are saying is they are just not serious about cutting the deficit, bringing the budget back into alignment. that means we will trigger across-the-board cuts. those cuts for the military is the worst possible way we could go. it is bad for the country. it is that for us here in massachusetts. here is why. it keeps lopping off 10%, 15%. we need to use this opportunity to think about the military we need going forward in the 21st century. here is what i am prepared to do. i am prepared to get out there and fight, to talk about what the c5 galaxy means. this is the place where we have giant planes and take big groups and big equipment and have disaster relief all run the world. that is why there should not be a penny of cuts there. the cuts need to be in places like the standing army. we do not
we have a big deficit. when senator brown and other republicans take the grover norquist pledge, and they say they will not raise money for millionaires and billionaires, they will not close the oil subsidies, what they are saying is they are just not serious about cutting the deficit, bringing the budget back into alignment. that means we will trigger across-the-board cuts. those cuts for the military is the worst possible way we could go. it is bad for the country. it is that for us here in...
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the 1992 race when george bush was asked a question in one of these town hall debates how does the deficit and debt affect you it tripped him up a little bit. there's that personal interaction bit which is part of politics. that can be very unpredictable. we'll see how these two candidates deal with regular people when they have to talk to them face to face. >> what are we seeing at the state level. we saw romney get a bit of a bounce at the national level but ultimately the electoral college will make the choice here in this election. >> we're seeing the same kind of tightening in the battleground state polls we've seen in the national polls but it's happening in different states in different ways. governor romney is seeing some great improvement, things are going well for him in state polls and florida and colorado but not so much in virginia. tightening in ohio but not as much as colorado and florida. so, individual states are starting to align with candidates a little bit more and we'll have to see how that plays out. . >> given that movement how critical is this debate for the preside
the 1992 race when george bush was asked a question in one of these town hall debates how does the deficit and debt affect you it tripped him up a little bit. there's that personal interaction bit which is part of politics. that can be very unpredictable. we'll see how these two candidates deal with regular people when they have to talk to them face to face. >> what are we seeing at the state level. we saw romney get a bit of a bounce at the national level but ultimately the electoral...
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debt was a four letter word, deficit, the tea party movement, taxes, government spending, the role of government, the reach of government. i think that the coups and clues lies somewhere between 2008 and 2010. and sure, chemistry is important to women, biology is important to women. but in 2012 the most important issue to them really subject to them is math. >> brown: kellyanne conway and solindan lake, thank you both very much. >> thank you very much >> brown: in her weekly blog post, gwen ifill looks at how the campaigns are pitching hard to undecided women voters. and if you missed any of last night's debate, you can watch the vice-presidential match-up in full on our web site. >> woodruff: later in the program, we'll have more on the presidential race from shields and brooks. also ahead, the peace prize goes to the european union; and the pollsters, the gamblers, and the academics predict the election results. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: secretary of state hillary clinton vowed today that u.s. diplomats will not retreat from dange
debt was a four letter word, deficit, the tea party movement, taxes, government spending, the role of government, the reach of government. i think that the coups and clues lies somewhere between 2008 and 2010. and sure, chemistry is important to women, biology is important to women. but in 2012 the most important issue to them really subject to them is math. >> brown: kellyanne conway and solindan lake, thank you both very much. >> thank you very much >> brown: in her weekly...
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is borne by the high income earners. he will keep saying this 5 trillion plan, i suppose. it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> well, let's talk about this 20%. you have refused, and again, to offer specifics on how you pay for that 20% across-the-board tax cut do you actually have its specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics, do you have-- do you know exactly what are you doing. >> look at what a rom-- look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base. and they worked together to fix that. what we are saying is, here's our framework. lower tax rates 20%. we raise about 1.2 trillion through income taxe
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is borne by the high income earners. he will keep saying this 5 trillion plan, i suppose. it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> well, let's talk about this 20%. you have refused, and again, to offer specifics on how you pay for that 20% across-the-board tax cut do you actually have its specifics or...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-255
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our...
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and the abominable sorting out, that an unchecked piece of race which we think has been spawned the deficit be corralled. >> is started all of this often 1978. in the different from how race is used in our military academy? >> too many questions. a very different world. holy individualized, comparing individuals one that sun -1 to establish the platonic idea of the class as educational. this is not what is going on, not an individualized i will look at you. i will score you, but at the .7 mission i am not admitting people but categories. that relates to that justices question. at that your hypothetical is entirely fair begins in the way they do their system you can figure out that two people would have had the same bia score, but more race. it is an error. dawson to boost the component of the score. it is not infrequent. many candidates we will support this same pai and then you boost some of them. we don't lose all of them minorities. as a studio today from a we want to boost the ones that we like. we want the affluent minorities who we think will improve dialogue. that is contrary to the
and the abominable sorting out, that an unchecked piece of race which we think has been spawned the deficit be corralled. >> is started all of this often 1978. in the different from how race is used in our military academy? >> too many questions. a very different world. holy individualized, comparing individuals one that sun -1 to establish the platonic idea of the class as educational. this is not what is going on, not an individualized i will look at you. i will score you, but at...
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we're talking about problem in the debt and deficit. the fiscal cliff comes at the first of the year. there is no doubt that if we don't work together, we are dead in the water. mike, there have been plenty of proposals out there that make sense for this country. big broad based proposals. talked about many of them. they're the simpson-bowls and the list goes on. all sorts of gangs. the bottom line is those templates can be put together. it has to have everything in it, everything has to be addressed. people need to work together. i think there's critical minds in senate to get it done. when we talk about sequestration and the fiscal year, that was imposed on us a bipartisan way to get it done. we have to work together. it is easily fixed. like i said in the beginning, it's what montana do naturally. in washington d.c., we need to learn from montana. >> thank you representative rehberg, one minute. >> first thing we need to do is repeal obamacare. that will be the first action that we need to work on a bipartisan solution to the farm bi
we're talking about problem in the debt and deficit. the fiscal cliff comes at the first of the year. there is no doubt that if we don't work together, we are dead in the water. mike, there have been plenty of proposals out there that make sense for this country. big broad based proposals. talked about many of them. they're the simpson-bowls and the list goes on. all sorts of gangs. the bottom line is those templates can be put together. it has to have everything in it, everything has to be...
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like whether tax rates can be lowered without adding to the deficit. >> not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> it has never been done before. >> it's been done a couple of times, actually. >> it has never been done before. >> jack kennedy lowered tax rates, increased growth. ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan over mitt romney's controversial comments calling 47% of americans who don't pay income taxes irresponsible. >> the idea, if you heard that, that little soliloquy on 47%, you think he just made a mistake, then i got a bridge to sell you. >> i think the vice president very well knows sometimes the words don't come out of your mouth the right way. >> but i always say what i mean. >> reporter: when biden wasn't talking, he seemed oddly amused. by our count -- smiling or breaking out in laughter 92 separate times. expressive, often interrupting and occasionally personal. >> this is a bunch of stuff. look, here's the deal. >> what does that mean,
like whether tax rates can be lowered without adding to the deficit. >> not mathematically possible. >> it is mathematically possible. it's been done before. it's precisely what we're proposing. >> it has never been done before. >> it's been done a couple of times, actually. >> it has never been done before. >> jack kennedy lowered tax rates, increased growth. ronald reagan -- >> oh, now you're jack kennedy? >> reporter: biden went right at ryan...
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and that is a-- that's a great gift, something the democrats need desperately. >> and it was a deficit of paul ryan as one of us said last night, that when he was asked about character, when ryan was, he talked about policy. and so it was-- it was a much more earthy-- . >> woodruff: and the vice president called him on that. >> and he is an erty, rooted very authentic guy talking about his past, his family all the time. >> woodruff: sas wwrap up here, wre ds the race stand now and what does the president and what does governor romney need to do next tuesday? >> well, i think it's basically a tie. i think if you look at nationally romney is up one. if you look at the swing states obama is up one. obama still has an advantage in ohio and some those other states but it's extremely close. and so to me what romney has to do is fill in that bipartisan thing. which i think that's what, that was effective for him in the first debate. i can work across the aisle. you know t depends which romney are you choosing from. but he has to fill that i and obama has to lay o more of a vision, i will stil
and that is a-- that's a great gift, something the democrats need desperately. >> and it was a deficit of paul ryan as one of us said last night, that when he was asked about character, when ryan was, he talked about policy. and so it was-- it was a much more earthy-- . >> woodruff: and the vice president called him on that. >> and he is an erty, rooted very authentic guy talking about his past, his family all the time. >> woodruff: sas wwrap up here, wre ds the race...
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he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years, you shouldn't be evaluated on your plans. you should be evaluated on your performance, it's at best, d-minus and our jobs situation are running trillion dollar deficits and america's dollar and the stock price, if you will, is at an all-time low and that's not a good record. >> excuse me, our stock price is up tremendously since barack obama took office. wall street's done really well. the reason is corporate profits. >> our currency. >> our economy is recovering and the people know it. >> thank you very much. tom stemberg, ceo of staples.
he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years,...
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romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat could matter the most. this year handful of states states including nevada and quarter. molly line with more on this live from boston. >> hi, shep. we turned from the states where they have been spending a lot of time. nevada glitz and glamour of the las vegas strip. real estate tough bed. highest unemployment rate in the nation at 12.1%. difficult place to convince people that things are going to get better. 6 electoral votes are at stake. real estate agent says the housing market has been disseminated. >> because of, you know, mitt romney and knowing how to manage money and obama being for the people,
romney will make the argument that the 16 trillion-dollar deficit -- debt, rather, is very much part of the obama administration's responsibility because of so much he added to it it substance for mr. romney having criticized joe biden for an absence of style last night, shep. >> shepard: carl cammeron live lancaster, ohio. certain states seem to matter more in this election than others, don't they? in every election the battleground or swing state which could go republic or democrat...
WHUT (Howard University Television)
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get this deficit and debt under control. make trade work for america so we can make more things in america and sell them overseas and champion small businesses. to raise taxes on small businesses because they are our job creators. mitt romney is a car guy. the keep misquoting him read let me tell you that the mitt romney i know. this is a guy who -- i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them -- two of them were paralyzed. the romney's did not know that rid the to the same turf but never met before. mitt asked if he did, over christmas. he brought his boys, his wife gives. later on he said, i know you're struggling, mark. don't worry about their college, all paid for it. mitt romney doesn't tell these stories. the nixons told this story. when he told the story, he said it wasn't the help, the cash help, it was that he gave his time and has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. r
get this deficit and debt under control. make trade work for america so we can make more things in america and sell them overseas and champion small businesses. to raise taxes on small businesses because they are our job creators. mitt romney is a car guy. the keep misquoting him read let me tell you that the mitt romney i know. this is a guy who -- i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them -- two of them...
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he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed as this great economist, this great numbers thinker. >> michael, ryan still had no answer, as joan said shall as to how he'd pay for a 20% across the board tax cut. martha raddatz asked at least twice. mike, have you ever heard a politician make such a promise to the electorate yet not even try, not even attempt to provide one detail when asked? >> well, here is what the campaign will say and here is what ryan wasn't saying explicitly on that stage because it's a hard thing to argue. it's that they believe that if you give this sort of tax cut, there will be economic
he has this reputation for being a deficit hawk. as joe biden said he voted for the wars, for the new medicare -- >> the prescription drug benefit. >> he voted -- >> the bush tax cuts. >> the bush tax cuts, all of the bush budgets. he voted for a bush stimulus. in addition to voting against obama stimulus but asking for money, he voted for bush stimulus and he described it in his speeches. he was a kecanesian. he's never been forced to be consistent and yet he's hailed...
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the debt to gdp ratio the stake in parent in even sweeping comprehensive measures for reducing the deficit such as those that were subjected by simpson-bowles. i am under no illusion that the maintenance or achievement of rapid economic growth is sufficient to address issues of equity and debt. the experience of the american economy in the 1990s demonstrates you can have rising inequity even as you have rapid economic growth. but of this i am nearly certain: without rapid growth, without growth in excess of potential, there is no realistic prospect of alleviating the squeeze on those with middle incomes, without a rapidly expanding economy, there is no realistic prospect of substantial improvement in our achievement of equality of opportunity. i have lived and watched this in small metaphor, right near me. harvard has a bookstore, a large bookstore in harvard square. in the 90s when the economy is very strong and the unemployment rate is low and it is hard to find people to work, they send
the debt to gdp ratio the stake in parent in even sweeping comprehensive measures for reducing the deficit such as those that were subjected by simpson-bowles. i am under no illusion that the maintenance or achievement of rapid economic growth is sufficient to address issues of equity and debt. the experience of the american economy in the 1990s demonstrates you can have rising inequity even as you have rapid economic growth. but of this i am nearly certain: without rapid growth, without growth...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. >>> their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with the hands in the cookie jar taking it out for obama care. >> those are great sound bite, but how do we get to the truth in those comments. paul ryan stuck by his proposals at the debate last night. only he said, partially privatizing medicare will not turn into a vo
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? oh, hey alex. just picking up some, brochures, posters copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm...
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we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. that is contrast with governor romney and congressman ryan who charged the average middle class family with kids $2,000 in order to pay for their tax cut for the wealthiest americans. jon: i want to play a quick clip from my colleague chris wallace and get your reaction. >> i think i have watched almost every presidential and vice-presidential debate since the first four kennedy-nixon debates in 1960, thinking back over the last few minutes i don't believe i have ever seen a debate in which one participant was openly disrespectful of the other as biden was to paul ryan tonight. that's what it was. you can talk about the smirks, smiles, head shaking, the mugging, it was openly, contemptuous and d
we believe millionaires should pay their fair share in order to reduce the deficit. jon: but isn't it true that the president's, isn't it true that the president's tax plans calls for increasing taxes on those, $250,000? >> he was providing an example of who he asked to pay their fair share in order to reduce the deficit. if you make $250,000, or less, your taxes won't go up. that is contrast with governor romney and congressman ryan who charged the average middle class family with kids...
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successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he thinks about that. hi, stu, good morning. >> well look, the central quote on the economic side of the debate which policy will grow the economy and cut the deficit. paul ryan was very clear. you cut tax rates, that gives you growth. listen to this exchange. >> cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mattally possible. >> it is mathematically possible. it has been done before. >> it has never been done before. >> it has been done couple times actually. lower tax rates increase growth. lower tax rates. >> now you're jack kennedy. >> well that was interrupt
successful small businesses doubled their income taxes last year we would still have a $300 billion deficit. you see there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out middle class, the tax bill is coming to you. jamie: stuart varney, anchor of "varney & company" on the fox business network here to tell us what he...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? yeah, i'm looking to save, but i'm not sure which policy is right for me. you should try our coverage checker. it helps you see if you have too much coverage or not enough, making it easier to get what you need. [ beeping ] these are great! [ beeping ] how are you, um, how are you doing? i'm going to keep looking over here. probably a good idea. ken: what's a good idea? nothing. with coverage checker, it's easy to find your perfect policy. visit progressive.com today. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. . >> all right. y for joe biden and paul ryan, the goals of last night's debate were pretty clear. sure of support among the base and help people pick a side. they were talking to people like my next guest who have been checking in throughout the campaign here. they're part of the middle class talk back, mara bigner is a
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? yeah, i'm looking to save, but i'm not sure which policy is right for me. you should try our coverage checker. it helps you see if you have too much coverage or not enough, making it easier to get what you need. [ beeping ] these are great! [ beeping ] how are you, um, how are you doing? i'm going to keep looking over...